Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.View Report
The longtime lawmaker from Lemont, Illinois, will step down in the wake of the Senate’s failed “grand bargain.”
Five days of special session have cost Illinois taxpayers an additional $250,000 for less than 90 minutes of work.
Four days of special session have cost Illinois taxpayers an additional $200,000 for less than 80 minutes of work.
A bill that would apply term limits to legislative leaders in the Illinois House and Senate cleared a major hurdle May 19, and is scheduled for a second reading May 22.
Rank-and-file lawmakers have received paychecks of more than $50,800.
The Taxpayer Bargain finally shifts the budget conversation in favor of taxpayers over politicians, with a plan that balances the state budget without tax hikes.
Illinois state government works to prioritize special interests over taxpayers – and the budget deal being negotiated in the Senate would continue that.
The Senate’s “grand bargain” contains a one-year spending “cap” that won’t improve fiscal responsibility. A real cap must come with structural spending reforms to return spending to a level that taxpayers can afford.
Gov. Bruce Rauner has suggested funding CPS with tax increment financing, or TIF, funds; this would temporarily bail out the district, but more needs to be done to address serious concerns about Chicago’s TIF program.
The Senate adjourned yesterday without taking any votes on the "grand bargain."